Petrol Pump Project Report

Generally, as told earlier, OMCs issue advertisements on their official websites and newspapers to set up petrol pumps at multiple locations, so companies like IOC, Essar group, Hindustan Petroleum, etc., have an application form on their websites from where you can deal with retail franchise outlets. However, in the case of a large number of applications, there is a lottery system to select applicants. The selected candidates submit documents to the companies in a certain time frame. Besides, the steps involved are • 1. Open the site petrolpumpdealerchayan 2. On the homepage, click on register now 3. fill the entire form and continue with the further process. 4. Login with your login credentials, and in the dashboard, click on available advertisements. 5. Now choose the company and your state of residence. 6. Now you can see the place where the company want to open the petrol pump. 7. Select the nearby area and click on apply now. 8. Fill out the form in 40 minutes as this is the time limit. 9. Select partnership or individual and pay the fees of Rs 1000. 10. Now fill in the required details, including photographs, signature, and others.

The margin of the dealer for diesel and petrol approximately Rs.2 Per litre in diesel and Rs.3 Per litre in petrol. However, the low volume dealers also get an increase in commission with percentage and paisa per litre.

However, the profit margin remains the same for almost all OMCs, but the Essar oil dealership model is simple and lucrative that ensures steady operating profits and higher returns on your investments. The ROI based on performance is 5% per annum on the capital expenditure.

It is difficult to say which one is the best. Though you can choose among these top 6 companies: • Hindustan petroleum • Indian oil • Essar oil • Reliance petroleum • Rosneft • Shell

Though you cannot transfer your petrol pump licence to any other person directly. You have to apply for reconstitution at your territory/regional office in a prescribed form coupled with all required documents.

Petrol Pump Project Report is available in PDF format. You have to prepare the project report yourself in Word or Excel format when required.

To start a petrol pump business in India you need to do deep research on this business. Exploring the petrol pump project report is a great idea. You need to stay eligible to get a petrol pump license in India that says your age can be between 21 to 55 years and you need to be an India. If you are an NRI then you must stay here for the last 182 days and then apply for a petrol pump. You must have your land or get it on lease. The documents and license are another stress. You must obtain a license to run a petrol pump in India along with some mandatory certificate from a few government bodies like the fire department, forest department etc.

Usually the oil marketing companies advertise about the franchise opportunity in the newspapers or official websites. It gives you a chance to buy the petrol franchise in the location offered by the company. You have to submit your application for a petrol pump franchise online. The oil company receives thousands of applications and among them selects very few. From the selected applications, only the ones who attain the license and fulfil the eligibility conditions get the franchise of petrol pump in India. The selected candidate has to present all the important documents to the oil company. Once you get the license, a GST number is mandatory so that you can start the transactions of your petrol pump business in a current account that you have just opened. Here is the procedure to apply for a petrol pump online. Log onto the official petrol pump website and read important instructions. You will get an online form that you have to fill out. A fee is deposited for the same. It varies for general category candidates and reserved ones. Among the area and location categories fill your area. Once you share all the information that is asked, register and then create your account. You get a login id and password for future use. Finally, you need to submit and make payment.

The investment that you need to start a petrol pump in India includes the major share in the land. If you have your land then that amount can be saved. If you have to buy a new land then you have to spend almost a crore on buying the land of 800 to 2000 square meters. You can get the land on lease and start your business. You just need to pay the rent. In advance you will have to pay some security fee also that will be more. Apart from the land, you must invest between Rs 12 to 25 lakh. The investment amount depends on the location and area of the petrol pump. The funds that can help you are: Saving account funds Postal scheme or bank register company deposits Bonds and Mutual Funds Certificate of deposits Demat form of shares of listed companies. The items like cash, jewellery and assets are not considered for investment of petrol pump.

You can get a shell petrol pump franchise in India if you fulfil the eligibility criteria. It says that you must be at least a graduate having 5 years of experience in the hospitality, service or retail sector. The investment can be around 20 lakh. You should be capable of manpower management and the financial credibility must be strong enough. Accounts and financial statements should be easy for you to manage.

Petrol Bunk Project Report All the documents related to land. A property map is compulsory. The place petrol pump should be clean. The agragriculturalnd must be first converted to non-agricultural land. If the owner of the land is not you, a NOC is needed from the owner. An electricity facility is a must. If the land falls under the green belt, you cannot start your petrol pump there. You should get the lease agreement registered. If your family member is the owner of the land, then you can start your petrol pump there in India but NOC is demanded and affidavit too.

You can apply for shell petrol pump online. You can even check out the advertisements on the official websites and newspapers for franchise opportunities for shell petrol pumps in India. When you apply for a petrol pump online, you should also work to acquire the license for the petrol pump. If the applications are in thousands a lottery method is chosen to select only a few. The selected ones need to present the financial credibility, and documents and fulfil other formalities as required by the oil marketing company and the ones who satisfy the company get the petrol pump franchise. It requires the investment of crores including the investment of new land. You have to get a GST number also when you get the license of the petrol pump and open a current account as well to initiate the transactions of your petrol pump. To apply online for a shell petrol pump fill in the application form on the official website of shell petrol pump and submit the form there.

You need to have your land when you plan to start a petrol pump in India. The land requirement is 800 to 2000 square meters If you have the land it’s good. If you don’t have you can get it on lease. It is preferable to get the land near highways and in the area where there is no other petrol pump at least in a distance of kilometres.

You will be happy to know that petrol pump is one of the highly profitable businesses in India. If you are eager to know about the petrol pump income in the country then let me tell you, a petrol pump owner earns a good income after selling the petrol and diesel for a month or yearly. If you are running a petrol pump in India then you can earn around 3.5 lakhs per month. You can also make a commission of Rs 3 lakh for a month and your income can be 5.7 lakh per month. You need to pay a lot of expenses also because maintaining and running a petrol pump is not easy. Thus when you subtract your expenses from your income you can get to know your profits.

The petrol pump dealer in India gets a commission of Rs 2.58 per litre. The commission on one litre of diesel is Rs 2.60. As the petrol pump owner, you may also receive Rs 202.38 per KL and 0.89% extra on the retail petrol price. This commission depends on the petrol price. The commission for diesel is Rs 1502.13 and 0.27% extra on retail price.

The profit margin of the petrol pump owner is generally high. It is correct that the owners earn good but they have high expenses to bear along with high investment. Once the expenses are subtracted from the income, the profit margin left is less. In a petrol pump, the profit margin is 1.8% on the whole. This means for selling 1 litre of petrol you get Rs 1.8 as profit. If you sell 4400-litre of petrol per day then you can make a revenue of Rs 10 lakh. Out of this, you spend Rs 6 lakh as expenses for giving wages, interest, electricity and cost of production. What remains with you is pre-tax profit. Later you calculate your profit after paying tax.

You need to make a good investment to earn high profits from the petrol pump in India. If there is a general store or a cafe in the ambience of your petrol pump you can earn a lot of money from there also. It is not an easy job to set up the petrol pump as a lot of investment and formalities are involved. It requires a lot of money to set it like the minimum funds that you need to invest for a rural area petrol pump start from 12 lakh and for the urban area it begins from 25 lakh.

When I asked my friends about which petrol pump they like the most, the answer came out we have never thought of. People are usually not brand conscious about petrol pumps. What they say is whichever petrol pump comes in their way they get the fuel tank filled. Among a few leading petrol brands like Indian oil, Bharat petroleum, reliance petroleum ltd or ESSAR are almost alike. The purpose of a petrol pump is to offer you fuel that you have to use to drive your vehicles. It doesn’t matter for best petrol brand.

A petrol pump being a station to provide you fuel service so that your vehicles can run well. It is famous as a gas garage, petrol station or Gas Station. People in sthe out of India also call it Petrol bunk but there is no typical meaning of this word. Well, a bunk is a cabin or a ship bed. Now since the petrol is also stored in bunker shaped container so people might be calling it as petrol bunk in place of the petrol pump.

The minimum requirement of funds for a petrol pump in India is between Rs 12 lakh for rural to Rs 25 lakh for an urban area. You can use the funds that include deposits from the bank, bonds, savings accounts, shares in listed companies, postal schemes, mutual funds or national saving certificates. If the petrol pump site is yours, or you get it on a lease, then you have to pay a non-refundable fee of around Rs 5 lakh. It can be different for different locations. Amount of Rs 15 lakh is a non-refundable fee that you have to pay as security for lease.

As we all know that reliance is a popular name in India, so people are brand loyal for reliance products. Following are the features of reliance industries that attract me to reliance petrol pumps in India. RIL is one of the top 500 firms in the country.Surely,t the companies are working with the most advanced technology available in India and offer the best infrastructure for everything.. . is the biggest and most reputed player in the gas and oil industry. The staff hired by reliance is skilled and experienced.

You have to prepare yourself to invest in lakhs and crores if you want to be the owner of a reliance petrol pump in India. You have to arrange for the required land for this business and buy it for around 2 crores. The investment for reliance petrol pump is around 50 lakh other than land. It includes the amount that you have to pay as security for the land on lease.